China may resume nuclear plant construction

China, the world’s biggest energy user, may restart construction on nuclear reactors which it halted in March following the Fukushima nuclear crisis in Japan, Bloomberg reported. Work may resume at a reduced rate for existing projects by the end of the year, although approval of new projects will remain suspended, said Xu Yuming, vice secretary-general of the China Nuclear Energy Association. “It’s not quite possible for us to start building at the average of eight reactors a year we saw in the last three years,” Xu said. On March 11, an earthquake and tsunami in Japan caused a radiation leak at Tokyo Electric Power’s (9501.TYO) Fukushima Dai-Ichi plant. China has since completed a series of safety checks on all nuclear plants and submitted results to the state council, concluding that no facilities are at risk to accidents similar to that at Fukushima.

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